Ask a Law Question, Get an Answer ASAP!
Yes, how is it I can help you with this?
I have a £7900 holding in the Merchant Turnaround Bond that was due to mature in May 2015. I have had no correspondence from them but believe they have gone into liquidation. How do I go about getting my capital back? Or am I too late? Kind regards Julie
Was it secured in any way please?
It was called a 9.25% Fixed Rate Secured Bond. Does that help?
What was the name of the Company you placed the investment with please?
Were they regulated do you know?
Merchant Capital was the Financial Services Company who is wholly owned subsidiary of Merchant House Group plc. They were authorised and regulated by the Financial Services Authority.
Sad news is Merchant has gone into Liquidation. You should register a formal claim asap
They are atL
ONE GREAT CUMBERLAND PLACE MARBLE ARCH LONDON W1H 7LW
Register a claim
Also do this with the FCA. They may be able to help you recover some of your losses if they were regulated.
Can I clarify anything for you about this today please?
Do I just write a letter to register a claim stating the same details as I told you?
Yes that is correct
Thank you for your help. Julie
Happy to help. If I could ask you to rate my answer before you go today please, the button should be at the bottom of the screen
If you need more help please click reply
I'll write the letters now and rate your answer.